TRX · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.109%higher than 35% of spread values(window 1D)
long $0.3131 · short $0.3135(long 2m / short 59s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.3135· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 0.21% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.11% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$10.86 | -$39.14 | -$89.14 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.16 | +$0.16 | +$0.16 |
| Net potential | -$9.98 | -$59.98 | -$109.98 |
Breakeven move 0.2084%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.109%
35 pct
Median
+0.118%
Average
+0.117%
P25 → P75
+0.099% … +0.136%
Range
-0.152% … +0.982%
Std dev
±0.070%
tf
LONG
Decibel(dex)
Decibel(dex)- Mark Price
- $0.3131
- Exchange Ticker
- TRX/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -11.98%
- OI
- $3.92K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.3135
- Exchange Ticker
- TRXUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +1.74%
- OI
- $6.80M
- 24h Vol
- $23.57M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 284 short samples · 2 days · auto-refresh every 30s